It used to be that way. That last gen was literally the LAST gen. Xbox is a digital platform, Sony is moving towards being the budget gaming PC for families, Nintendo has made the Switch 2 a redesign and screen upgrade that’s (hopefully) cheaper than a Steam Deck.
I won’t make any bets, but the console wars seem to have ended (unless Xbox vs. Steam Deck becomes a selling point).
Yeah, that’s a pretty good take, fair enough.